Call reports 2020
NEW FRONTIER BANK — 2020
What NEW FRONTIER BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 106,687,000 | 119,049,000 | 115,231,000 | 117,380,000 |
| Total loans | 73,341,000 | 82,761,000 | 80,965,000 | 77,365,000 |
| Allowance for loan losses | 1,055,000 | 1,059,000 | 1,063,000 | 1,067,000 |
| Securities available for sale | 17,864,000 | 19,218,000 | 19,518,000 | 20,011,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,947,000 | 107,648,000 | 103,527,000 | 105,705,000 |
| Interest-bearing deposits | 76,222,000 | 77,496,000 | 76,228,000 | 78,147,000 |
| Noninterest-bearing deposits | 20,725,000 | 30,152,000 | 27,299,000 | 27,558,000 |
| Equity capital | 9,522,000 | 11,096,000 | 11,292,000 | 11,529,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,118,000 | 2,705,000 | 3,811,000 | 4,980,000 |
| Interest expense | 246,000 | 499,000 | 737,000 | 915,000 |
| Net interest income | 872,000 | 2,206,000 | 3,074,000 | 4,065,000 |
| Noninterest income | 71,000 | 135,000 | 234,000 | 283,000 |
| Noninterest expense | 750,000 | 1,617,000 | 2,413,000 | 3,221,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 193,000 | 724,000 | 895,000 | 1,127,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 193,000 | 724,000 | 895,000 | 1,127,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,854,000 | 9,840,000 | 9,967,000 | 10,154,000 |
| Total capital | 9,909,000 | 10,899,000 | 11,030,000 | 11,221,000 |
| Risk-weighted assets | 90,272,000 | 91,096,000 | 89,574,000 | 95,041,000 |